News last week that Co-Op Bank have been calling in property loans, despite the fact that they are generally ‘performing’, is a reminder that a Term Loan is only a commitment on the part of the bank as long as you are meeting your side of the deal. We see fewer cases of RBS/Lloyds calling Read more about Loan Covenants – ‘Lets Be Careful Out There’[…]
Over the last two years I have been acting as the interim FD for Tamara Salman – a brilliant and lovely designer of luxury accessories. From a standing start – and after having a baby along the way – Tamara has now released her first range of bags and these are available to buy. I ‘get Read more about Tamara Salman luxury bags[…]
More articles in the press berating the larger high street lenders (mainly RBS) for not growing their ‘net lending book’ and making comparisons to the positive net growth achieved by some of the newer players (such as Aldermore). Growing a loan book becomes like ‘feeding a beast’ – individual bank managers know that if they’ve Read more about Why do we persist in talking about ‘Net Lending’?[…]
Sir Tim Wilson’s review of university/business collaboration has again shown the value of work-experience during University. Sadly the old ‘Sandwich Courses’ (which were intended to prepare students for business life) have been in decline and only a small number of students get interaction with ‘real business’ during their studies. This is an increasingly important issue Read more about The importance of University Alumni for ‘Employability’ measures[…]